risk mitigation

risk mitigation

The reduction of exposure to potential problems in business. From the IT perspective, risk mitigation reduces the vulnerabilities that may lead to an attack on the company's computer systems. It also covers compliance with Sarbanes-Oxley requirements. See CCO, risk management and risk assessment.

Accepting the award, Stephen Weinstein, Chairman of the RenaissanceRe Risk Sciences Foundation and Senior Vice President and General Counsel of RenaissanceRe said: "RenaissanceRe is proud of our long-term commitment and contributions to risk mitigation through awareness efforts like the series of Risk Mitigation Leadership Forums.

Developed with the input of leading industry groups specialized in the area of handling potentially dangerous goods, the Lithium Battery Risk Mitigation Guidance for Operators represents an invaluable source of reference .

This re-branding initiative is consistent with the Company's previously announced strategic shift to accelerate the industry-leading capabilities of its wholly-owned cybersecurity subsidiary root9B, and to focus primarily on cybersecurity and regulatory risk mitigation.

Attendees of the conference included representatives from the disaster safety community, policymakers and the insurance industry and focused on the important synergies between the areas of risk mitigation, structural resiliency and energy efficiency initiatives.

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